Category: VISA
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What Does Visa’s NFT Purchase Mean for Crypto? A Momentous Move for the Payment Industry
The world’s most popular credit card network just bought an NFT for $150,000 for the first time. The price isn’t surprising (it’s not even among the most expensive NFTs). What is surprising is Visa’s head of crypto, Cuy Sheffield, stated in a blog post the purchase is to understand the growing NFT market, the mechanics behind making a…
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New Visa Rules: Why June 2020 Is Crucial For Certain Merchants
Merchants likely heard that new Visa Rules slated to go into effect in April are now postponed. COVID-19 continues to significantly affect the North America and European market. Because of this, the card network companies decided to delay the introduction of new fee structures due April 2020. As such, the new Visa Rules intended for…
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Run A Subscription Business? Here’s What You Need To Watch Out For In 2020
Subscription, continuity, rebilling, memberships and other recurring payment models are big online revenue generators. In fact, this e-commerce market is continuously growing year over year. Studies show increases by more than 100% a year over the past five years. Revenues from online companies using recurring transaction models are set to top $3 billion in 2019,…
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New Visa Rules For Dating, Info Product & Other High-Risk Merchants
New Visa rules effective October 1, 2019 are set to affect millions of high-risk merchants. We’ve reviewed the planned changes, determined how your business may be affected, and what you can do right now to prepare. The planned changes will impact when merchants are enrolled in the Visa Fraud Monitoring Program (VFMP) and the Visa…
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Visa Fraud Monitoring For High-Risk Merchants – How At-Risk Are You?
Visa fraud monitoring can make or break your business. So can chargebacks from Visa card users. You will face fines and even lose the ability to process Visa credit card transactions if fraud and chargeback levels are not below the required Visa thresholds. So, how does Visa keep track of its business customers like you…
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